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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2013
Jun. 30, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 1,371,000 $ 696,400
Accounts receivable - trade 62,900 9,600
Other receivables 22,600 32,800
Notes receivable, current 400,000 375,000
Marketable securities - restricted 673,200 1,562,600
Prepaid expenses and other current assets 104,100 121,000
Total current assets 2,633,800 2,797,400
LAND, PROPERTY AND EQUIPMENT, NET 4,309,500 4,339,900
OTHER ASSETS    
Trust account-Asset retirement obligation 39,300 30,000
Prepaid royalties, long-term 50,000 50,000
TOTAL ASSETS 7,032,600 7,217,300
CURRENT LIABILITIES    
Accounts payable and accrued expenses 250,300 220,900
Contingent payments, current 50,000 50,000
Total current liabilities 300,300 270,900
LONG-TERM LIABILITIES    
Contingent payments, long-term 1,121,400 1,104,600
Asset retirement obligation, long-term 417,400 417,400
TOTAL LIABILITIES 1,839,100 1,792,900
SHAREHOLDERS' EQUITY    
Preferred Stock 0 0
Common Stock Class A - 75,000,000 no par shares authorized, 4,932,500 and 4,989,300 shares issued and outstanding at December 31, 2013 and June 30, 2013, respectively 109,095,100 109,121,200
Common Stock Class B - 25,000,000 no par shares authorized and none issued and outstanding 0 0
Accumulated Other Comprehensive Income 364,300 549,900
Accumulated Deficit (104,265,900) (104,246,700)
Total shareholders' equity 5,193,500 5,424,400
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY $ 7,032,600 $ 7,217,300